Walgreens Boots Alliance Inc. (NASDAQ: WBA) is set to go private after nearly a century as a publicly traded company. Private equity firm Sycamore Partners has agreed to acquire Walgreens in a leveraged buyout worth up
Walgreens Boots Alliance will be taken private by Sycamore Partners for $10 billion, the buyout firm said on Thursday, closing out nearly a century of trading on public markets for the US pharmacy giant.
Walgreens Boots Alliance finalized a deal with Sycamore Partners worth up to $23.7 billion to take itself private after four months of negotiations, the companies announced Thursd
Walgreens Boots Alliance Inc. (NASDAQ: WBA) is reportedly close to a $10 billion buyout deal with private equity firm Sycamore Partners, according to The Wall Street Journal. The deal, which could be finalized by Thursday,
The companies are putting the final touches on a transaction that may be announced as soon as this week, sources said.
There are plenty of reasons to be skeptical that private equity will help Walgreens get out of turbulent times.
Ropes & Gray advises Walgreens Boots Alliance on its $23.7B acquisition by Sycamore Partners. Deal details, executive insights, and regulatory counsel inside.
Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.
Walgreens Boots Alliance (WBA) finalized a $10 billion deal, worth as much as $23.7 billion, with Sycamore Partners to go private after four months of negotiations, the companies announced Thursday. The drugstore giant's stock jumped over 7% in trading on Friday after the news that the company was preparing to exit the public markets.
Walgreens Boots Alliance says it has agreed to be acquired by the private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money.
Investment firm Sycamore Partners has confirmed a binding agreement to purchase US healthcare and retail major Walgreens Boots Alliance (WBA) for $23.7bn. WBA shareholders will be compensated with $11.